William Boeing Jr. Ready To Close On Kent Land Deal

KENT

William Boeing Jr. is ready to close on 30 acres of industrial land he is buying here from Commercial Property Investors.

Boeing already owns more than 1 million square feet of industrial and office space in South King County, here and Tukwila, that he has developed since 1967.

Jack Link, Boeing's property manager, says the deal will close sometime next month. He will not reveal the purchase amount, but it is under $8 million.

The land is off South 212th Street. Link says several current Boeing tenants want to expand, and the new land may accomodate larger buildings for them.